Eaton Vance Tax-Managed Diversified Equity Income Fund

Corporate Details

ISIN(s):

N/A

LEI:

Country:

United States of America

Address:

ONE POST OFFICE SQUARE, 2109 BOSTON

Website:

https://www.eatonvance.com/products/closed-end-funds-and-term-trusts/us-equity/eaton-vance-tax-managed-diversified-equity-income-fund.html

Sector:

Financial and insurance activities

Industry:

Activities of trusts, funds and similar financial entities

Description

Eaton Vance Tax-Managed Diversified Equity Income Fund is a diversified, closed-end management investment company. Its primary investment objective is to provide current income and gains, with a secondary objective of capital appreciation. The Fund invests in a diversified portfolio of dividend-paying common stocks. A key component of its strategy is a tax-managed approach that seeks to minimize and defer federal income taxes for shareholders. To achieve its objectives, the Fund evaluates returns on an after-tax basis and invests in stocks that pay dividends qualifying for favorable federal income tax rates. Additionally, the Fund utilizes a strategy of writing call options on domestic and/or foreign stock market indices to generate income from option premiums.